10yr+ Well Established Italian Pizza and Pasta #000262

Fort Worth, TX (Tarrant County)

10yr+ Well Established Italian Pizza and Pasta #000262

Asking Price:$355,000

Cash Flow:$208,281

Gross Revenue:$821,000

EBITDA:N/A

FF&E:$75,000

Inventory:$6,000

Established:2004

10yr+ Well Established Italian Pizza and Pasta #000262

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Business Description

Looking for a prime location restaurant in a market area which many individuals has large amount of disposable income?

Located in South Fort Worth inside a well established plaza beside a university campus, this Italian Pizza restaurant is ready for acquisition. Established in early 2004 and acquired by the current owner of the business, this operation has already over a decade of establishing itself within the local area. A family-run Pizzeria has served very rustic & classic pastas, sandwiches, and pizzas in a straight forward manner since the establishment. Competition-wise there's a few in the immediate market area, but lacks in comparison to the past decade of the operation instilling its presence in the local community. In terms of the current sales, this operation averages $14,000 - $16,000 weekly without any form of a delivery service which could potentially be a huge increase in overall sales if included with In-store sales. Although the owner operates the business full-time, the owner wants to currently take some time off from the exhaustion of operating this business. Neighboring beside the retail strip center where the operation is located, a university campus full of students generates the majority of this business's customer base. Currently lacking in terms of marketing, but there's huge potential in the introduction of a delivery service within the local area. The delivery service should be proactively marketed to further increase sales and for this service to be known throughout the area. Such as the location of this business, great sales without marketing, well-establishment within the local area and the straight-forward manner this business operates has an immensely high potential to take this pizzeria to the next level. Equipped with very immaculately maintained equipment and interior, this is chance you cannot miss if you wish to acquire a prime location Pizzeria in an area vastly made of individuals with disposable income.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Employees:
6FT/5PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facility is in a well established area beside a university campus. Equipment in great condition and located in a prime shopping center with great market area. Beer & Wine is also sold inside the operation's bar area and dining tables.
Competition:
Few competitors in the immediate market area. 10 years of establishment in the plaza has gotten the business known around the area.
Growth & Expansion:
Averaging $14,000 - $16,000 per week without delivery gives this operation huge potential in boosting sales with addition marketing and a delivery system. Two large franchise stores are beside this location that brings huge traffic to this area increasing sales tremendously.
Financing:
100% down at the time of closing or 50% cash down with SBA financing for qualified bu
Support & Training:
Owner will provide necessary training for a smooth transitioning to the operation.
Reason for Selling:
Exhausted from decade of working and needs downtime.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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